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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Converse at 7018 Laguna Beach, Converse, TX, 78109 at $304,900 posts ROI 22.01% with $177/mo cash flow from $2,384/mo rent. Total monthly income equals $2,384/mo, and annual cash flow records $2,122/yr on $101,074 to close. Return on cash invested measures 22.01% and rental yield reads 9.38% at the current $304,900. Equity gained on principal adds $1,967/yr, and 5% annual appreciation supports $84,238 by year five. Five-year ROI prints 115.47% and total cumulative return in cash totals $116,714.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,384/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
7,230 sqft lot
$N/A/sqft
$118 quarterly HOA
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,515 (100%) |
| Owner Occupied HU | 18,732 (73.4%) |
| Renter Occupied HU | 4,973 (19.5%) |
| Vacant Housing Units | 1,810 ( 7.1%) |
| Median Home Value | $287,942 |
| Average Home Value | $312,137 |
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Listed for sale | $304,900 |
| 2020-11-02 | Sold | N/A |
| 2020-10-05 | Pending sale | $252,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $4577.76 | 9.72% | $318,602 | 10.00% |
| 2023-05-02 | $4172.29 | -12.98% | $289,638 | 10.00% |
| 2022-05-02 | $4794.44 | N/A | $263,307 | 10.00% |
Listed by: Deanne Martinez • Full Spectrum Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1863071
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
